FAITHWAY GLOBAL MINISTRIES
Latest income
£119k
Latest spending
£102k
Registered
2014
Accounts read
FY2024
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £11,690 at the end of the period, with total receipts of £60,465 and total payments of £65,368. The trustees note that the increasing cost of living and potential future pandemics pose risks to the financial strength and operation of the church.
What the accounts disclose
Going concern: noted by the trustees or auditor
“The going concern risk facing the church includes 1. The impact of the increasing cost of living, 2. And any further pandemic or tragic issue of long lockdown will affect the financial strength of the church and subsequently on its operation.”
Per its FY2024 accounts as filed with the Charity Commission.
Trustees
- Gabriella Anyama Antwi
- NADIA OSEI
- Theophilus Davies
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £119k | £102k |
| 31/03/2024 | £60k | £65k |
| 31/03/2023 | £82k | £77k |
| 31/03/2022 | £49k | £50k |
| 31/03/2021 | £32k | £21k |
Common questions
Is FAITHWAY GLOBAL MINISTRIES financially healthy?
The accounts state that unrestricted reserves stood at £11,690 at the end of the period, with total receipts of £60,465 and total payments of £65,368. The trustees note that the increasing cost of living and potential future pandemics pose risks to the financial strength and operation of the church.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| NEW COMMUNITY CHURCH S.E. LONDON | 1 | £152k |